The Capital Pub Company Plc, a qualified EIS, is seeking to raise £8.8m in its second round of finan...
The Capital Pub Company Plc, a qualified EIS, is seeking to raise £8.8m in its second round of financing. The company is to issue up to eight million shares at 110p each and it estimated this funding will be the last capital raising before an anticipated Aim flotation. The proceeds will enable the directors to improve economies of scale, benefit from greater supply agreement discounts and secure up to 15 additional sites in Greater London. This will take the total number of managed freehouses acquired during the firm's first two years to 20.
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